Bailard Inc. boosted its stake in Matador Resources (NYSE:MTDR – Free Report) by 6.0% in the fourth quarter, HoldingsChannel reports. The firm owned 6,892 shares of the energy company’s stock after acquiring an additional 392 shares during the period. Bailard Inc.’s holdings in Matador Resources were worth $392,000 at the end of the most recent […]
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Matador Resources (NYSE:MTDR – Get Free Report) had its target price raised by investment analysts at Truist Financial from $85.00 to $87.00 in a research report issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the energy company’s stock. Truist Financial’s price objective would indicate a potential upside of 33.19% from […]
The year-over-year increase is due not only to the Advance Energy acquisition that closed in April 2023 but also to increased production from new wells.
Matador Resources (NYSE:MTDR – Get Free Report) announced its quarterly earnings data on Tuesday. The energy company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.32, Briefing.com reports. Matador Resources had a net margin of 28.89% and a return on equity of 20.62%. The company had revenue of $787.70 million […]